Letter to Levin-McCain Subcommittee on Investigations

This entry was posted on March 28, 2013, in Action. Bookmark the permalink.

This letter will be was faxed to Senators Levin, McCain, Gillibrand, Schumer & President Obama when congress returns from their Easter break on April 8th. Please sign by filling out the form at the bottom of the page.

We are writing to express our appreciation for the on-going investigatory work of the Permanent Subcommittee on Investigations. The Subcommittee’s excellent report on the financial crisis and its reports on HSBC and JP Morgan Chase, have uncovered massive criminal behavior, fraud, non-compliance with Federal regulatory agencies and other risky actions that continue to threaten the well-being of all Americans.

We deplore the widespread failure of the Justice Department to prosecute these crimes and the relatively paltry fines imposed for what we consider serious criminal behavior. Since the summer of 2011, as members of a 200-member citizen action group in Rochester, NY, we have been demonstrating in front of the major banks responsible for the financial crisis, as well as lobbying our Senators and Congressional representatives for meaningful sanctions. We ask you: how can so many of our fellow citizens be prosecuted and jailed for relatively minor offenses, but no one has been held accountable for the serious crimes these bankers have committed?

We ask that you bring the bipartisan pressure of your committee to bear on the President and on the Justice Department to prosecute these crimes and hold the responsible parties to the same standard of justice to which all Americans are held.

We will continue to monitor your investigations and the Administration’s responses to them. We also anticipate your response detailing the ways the Permanent Subcommittee on Investigations is using its findings and influence to bring about justice.